Pacaso firms up co-ownership union with HomeServices of America

Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shutout of the traditional second-home market. Continue reading

Pacaso launches low-down payment option for new second home buyers

With Pacaso Now, the company is offering a 5 percent-down payment option for a one-eighth share, thereby providing second home buyers 3 options after 12 months, according to an announcement. Continue reading

With $4M seed round, Rove launches property marketplace

The “remote work-friendly property brand” is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail. Continue reading

Utah’s red rock and Florida’s coast: 2022’s top second-home markets

Washington County, a one-time remote region of southern Utah’s high desert, experienced the most number of mortgage rate locks for second homes, experiencing a year-over-year jump of 10.3 percent. Continue reading

Luxury in ’22: Market slowdowns, reality TV, the metaverse and more

Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents continued to make interesting moves. Continue reading

Pacaso, Realm link up to promote luxury co-ownership

Pacaso on Monday announced a joint effort to integrate luxury co-ownership opportunities with Realm’s global network of top-producing real estate agents, the company told Inman exclusively. Continue reading

Pacaso ventures into New York’s Hudson Valley, joins with NevelHaus

Each of NevelHaus’ carriage house designs is infused with modernism, characterized by open floor plans and floor-to-ceiling glass openings, meant for simple living and depicting smart, low-maintenance architecture. Continue reading

Boutique transportation services now part of Pacaso owner amenities

Pacaso owners now have elevated access to Alto, a luxury rideshare company, and Surf Air, a membership-based regional airline. Continue reading

Park City, Utah City Council votes to limit where Pacaso can buy homes

Legislators declined to label it a “timeshare” company, but approved rules that would set limits on where Pacaso can operate. The vote could set the stage for challenges elsewhere in the U.S. Continue reading

Pacaso unveils sales certification program loaded with incentives

Called the Second Home Specialist Certification, the curriculum will expand agents’ knowledge of the unique nature of selling high-end homes in destination markets including the concept of co-ownership. Continue reading